Idaho § 15-5-412 TERMS AND REQUIREMENTS OF BONDS

Idaho Statutes

§ 15-5-412 — TERMS AND REQUIREMENTS OF BONDS

Idaho § 15-5-412

Title 15UNIFORM PROBATE CODE

Part 4.PROTECTION OF PROPERTY OF PERSONS UNDER DISABILITY AND MINORS

Ch. 5PROTECTION OF PERSONS UNDER DISABILITY AND THEIR PROPERTY

This text of Idaho § 15-5-412 (TERMS AND REQUIREMENTS OF BONDS) is published on Counsel Stack Legal Research, covering Idaho primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Idaho Code § 15-5-412 (2026).

Text

(a)The following requirements and provisions apply to any bond required under section 15-5-411 of this Part:

(1)Unless otherwise provided by the terms of the approved bond, sureties are jointly and severally liable with the conservator and with each other;

(2)By executing an approved bond of a conservator, the surety consents to the jurisdiction of the court which issued letters to the primary obligor in any proceeding pertaining to the fiduciary duties of the conservator and naming the surety as a party defendant. Notice of any proceeding shall be delivered to the surety or mailed to him by registered or certified mail at his address as listed with the court where the bond is filed and to his address as then known to the petitioner;

(3)On petition of a successor conservator or any int

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(a) The following requirements and provisions apply to any bond required under section 15-5-411 of this Part:
(1) Unless otherwise provided by the terms of the approved bond, sureties are jointly and severally liable with the conservator and with each other;
(2) By executing an approved bond of a conservator, the surety consents to the jurisdiction of the court which issued letters to the primary obligor in any proceeding pertaining to the fiduciary duties of the conservator and naming the surety as a party defendant. Notice of any proceeding shall be delivered to the surety or mailed to him by registered or certified mail at his address as listed with the court where the bond is filed and to his address as then known to the petitioner;
(3) On petition of a successor conservator or any interested person, a proceeding may be initiated against a surety for breach of the obligation of the bond of the conservator;
(4) The bond of the conservator is not void after the first recovery but may be proceeded against from time to time until the whole penalty is exhausted.
(b) No proceeding may be commenced against the surety on any matter as to which an action or proceeding against the primary obligor is barred by adjudication or limitation.